Economics in the Roman Empire

The Roman Empire has been for centuries an area of economic development, they missed a real “industrial revolution”, albeit a lot of preconditions for a dynasmic society were present, due to so called “trap odf the slavery” as well as to the lack of a suitable source of energy. However, it’s worthy to compare the historical data relevant to the per capita GDP obtained through the Maddison project. On the table below are shown the figures of per capita GDP (calculated in GK$, then at purchase power parity, within the limits of applicability of the method): those figures speak for themselvers, no further comment is needed.

 

GDP Levels
million 1990 International Geary-Khamis dollars
 Year (after Christ) 1   1000   1500
Western Europe
Austria 213 298 1.414
Belgium 135 170 1.225
Denmark 72 144 443
Finland 8 16 136
France 2.366 2.763 10.912
Germany 1.225 1.435 8.256
Italy  6.475   2.250   11.550
Netherlands 85 128 723
Norway 40 80 183
Sweden 80 160 358
Switzerland 128 123 411
United Kingdom 320 800 2.815
Total 12 Western Europe  11.146   8.366   38.426

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